Replies to post #2082 on Cyxtera Technologies Inc (fka CYXTQ)

[trader59]

The higher interest rate environment has boosted Cyxtera's borrowing costs, complicating its path to profitability. In early 2022, prior to the interest rate hikes, Cyxtera said it expected to generate positive net income in 2025. In its most recent SEC 10K filing, it has pushed that target date back to 2030.

https://www.datacenterfrontier.com/colocation/article/33002061/as-stock-price-slumps-cyxtera-reportedly-mulling-capital-raise-or-sale